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Things I Wish I Knew About Money Earlier
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Withpride1
75 days ago1. Saving is not enough
Keeping money in a savings account won’t grow it. Inflation will reduce its value if you don’t invest.
2. Budgeting gives freedom, not restriction
A budget doesn’t trap you, it shows you where your money goes and helps you control it.
3. Start small, but start early
Even ₦500 set aside consistently builds discipline. Waiting for “big money” to save or invest is a trap.
4. Multiple streams of income are necessary
One source of income is too risky. Side hustles, freelancing, or investments can make the difference.
5. Financial knowledge pays the best interest
The more you learn about money, the better decisions you’ll make. Books, podcasts, and communities are free teachers.
What are some money lessons you wish you learned earlier? Add yours in the comment.
#Konnet #MoneyLessons #Nigeria #PersonalFinance